Employees: 4,172
Size Sala (2734.T) is a Japan Utilities company (Gas Distributors) with a market value of $456M, the 1124th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,130 on 6 Nov 2026.
Performance Over six months the shares gained 8.7%, against -15.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue grew 2.8% over the last twelve months (peer median +0.2%); the operating margin is 3.7% (peer median 8.2%).
Valuation It trades at 0.5× enterprise value to sales against a peer median of 1.4× (3rd cheapest of 20).
Capital Return on invested capital runs 0.4 points below its cost of capital (5.0% WACC).
Next results Next results expected around 13 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥258B | ¥252B | ¥240B | ¥242B | ¥235B |
| Revenue growth | — | +5% | -1% | +3% | — |
| Gross profit | ¥63.9B | ¥55.9B | ¥51.8B | ¥50.5B | ¥52.1B |
| EBITDA | ¥16.6B | ¥14.2B | ¥12.9B | ¥12.7B | ¥13.9B |
| Net income | ¥7.15B | ¥5.87B | ¥5.25B | ¥6.10B | ¥5.68B |
| Free cash flow | -¥4.98B | ¥6.89B | ¥4.37B | ¥98.0M | ¥5.14B |
| Capital expenditure | ¥12.4B | ¥11.3B | ¥11.5B | ¥6.96B | ¥5.61B |
| Total debt | ¥70.0B | ¥61.6B | ¥55.9B | ¥54.2B | ¥53.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2734.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.0% | -2.4% | 9th lowest of 20 |
| 6-month return | +8.7% | -15.2% | 2nd highest of 20 |
| Distance from 52-week high | -10.3% | -30.6% | 3rd highest of 20 |
| Revenue growth (TTM) | +2.8% | +0.2% | 7th highest of 21 |
| Operating margin | 3.7% | 8.2% | 6th lowest of 21 |
| EV / Sales | 0.5× | 1.4× | 3rd cheapest of 20 |
| ROIC minus cost of capital | -0.4 pp | +0.9 pp | 8th lowest of 20 |
| EV / EBITDA | 7.1× | 8.3× | 5th cheapest of 11 |
| Net debt / EBITDA | 2.6× | 1.7× | 5th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sala 2734.T | Japan | $456M | +9% | +3% | 4% | 0.5× | n/a | n/a |
| Sichuan Shengda Forestry Industry 002259.SZ | China | $447M | -27% | -1% | 10% | 3.0× | 16.9% | +0.9% |
| Hokkaido Gas 9534.T | Japan | $468M | +3% | +1% | 8% | 0.7× | -6.6% | +8.1% |
| Great Taipei Gas 9908.TW | Taiwan | $435M | -3% | 0% | 14% | 2.2× | -5.4% | -1.0% |
| Clean Energy Fuels CLNE | United States | $421M | -14% | +4% | -7% | 1.4× | 17.0% | +8.1% |
| Yu Group PLC YU..L | United Kingdom | $414M | +3% | +14% | 8% | 0.2× | -9.4% | +47.1% |
| Shaanxi Meineng Clean Energy 001299.SZ | China | $411M | -19% | -6% | 11% | 3.5× | n/a | n/a |
| Shandong Shengli 000407.SZ | China | $512M | -20% | 0% | 7% | 1.2× | -3.1% | -2.0% |
| Xinjiang East Universe (Group) Gas 603706.SS | China | $521M | -15% | -14% | 20% | 2.1× | -11.7% | +10.6% |
| Shinhsiung Natural Gas 8908.TW | Taiwan | $382M | n/a | +2% | 8% | 1.5× | 2.4% | +10.4% |
| Xinjiang Torch Gas 603080.SS | China | $378M | -19% | +1% | 14% | 1.6× | -5.1% | +19.3% |
| Top Resource Energy 300332.SZ | China | $556M | -20% | -3% | 0% | 2.0× | 12.9% | +8.8% |
| K&O Energy 1663.T | Japan | $585M | -28% | -1% | 12% | 0.6× | -8.6% | +9.3% |
| Anhui Province Natural Gas Development 603689.SS | China | $601M | -10% | -9% | 9% | 1.3× | 0.6% | +1.4% |
| E1 Corporation 017940.KS | South Korea | $339M | -27% | +24% | 0% | n/a | n/a | n/a |
| Saibu Gas 9536.T | Japan | $630M | +23% | -6% | 5% | 1.4× | n/a | n/a |
| Shizuoka Gas 9543.T | Japan | $631M | -5% | 0% | 6% | 0.5× | -9.0% | +10.6% |
| Shenzhen Guangju Energy 000096.SZ | China | $634M | -18% | +4% | 4% | 2.8× | n/a | n/a |
| Unimot UNT.WA | Poland | $315M | -12% | +5% | 2% | 0.2× | n/a | n/a |
| Henan Lantian Gas 605368.SS | China | $687M | -18% | -9% | 8% | 1.3× | 0.0% | +2.7% |
| Ascopiave ASC.MI | Italy | $699M | -8% | +34% | 26% | 4.5× | 4.4% | +8.3% |